The Greek government is in disarray over plans to put last week's European rescue deal to a referendum. EU leaders have reacted angrily to the development and have strongly hinted that, if Greece votes no, it will not get any further financial assistance.

As we recorded the programme, events were moving quickly at the G20 summit in Cannes, but financial columnist Nils Pratley explains how Greece got into its current mess and what its options are.

Michael White is on hand, too – he says politicians are still lagging behind the economists in facing up to Europe's future. Columnist Madeleine Bunting fears a shift towards nationalism in Europe and a coarsening of relations between its people.